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State Bank of India Regional Manager salaries in Mumbai

Annual salary range
20 - 26 years exp.
₹30 Lakhs - ₹50 Lakhs
Salary of majority employees
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160% more than the average Regional Manager Salary in Banking Companies for 20 - 26 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Regional Manager Salary
25 - 26 years exp. (AmbitionBox Estimate)
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₹50 L/yr - ₹63.2 L/yr

Risk Management & Compliance
Regional Manager Salary
20 - 24 years exp. (AmbitionBox Estimate)
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₹40 L/yr - ₹48.1 L/yr

Last Updated: 12 Jun 2024

Companies similar to State Bank of India for Regional Manager in Mumbai

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State Bank of India Regional Manager Salary

20 - 26 years exp. (5 salaries)

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₹30 L/yr - ₹50 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Regional Manager Salary

6 - 26 years exp. (13 salaries)

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₹6 L/yr - ₹25.3 L/yr

arrow icon 65% less
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Kotak Mahindra Bank Regional Manager Salary

7 - 17 years exp. (6 salaries)

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₹7.5 L/yr - ₹25 L/yr

arrow icon 63% less
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Yes Bank Regional Manager Salary

7 - 18 years exp. (6 salaries)

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₹14.3 L/yr - ₹24 L/yr

arrow icon 51% less
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IDFC FIRST Bank Regional Manager Salary

11 - 18 years exp. (9 salaries)

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₹13 L/yr - ₹30 L/yr

arrow icon 47% less
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IndusInd Bank Regional Manager Salary

8 - 16 years exp. (3 salaries)

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₹6.7 L/yr - ₹18 L/yr

arrow icon 70% less
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Standard Chartered Regional Manager Salary

13 - 14 years exp. (3 salaries)

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₹15 L/yr - ₹25 L/yr

arrow icon 44% less
Regional Manager salary at State Bank of India ranges between ₹30 Lakhs to ₹50 Lakhs per year for employees with experience between 20 years to 26 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Regional Manager in Mumbai

7mo ago
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22 years exp.
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24 years exp.
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26 years exp.
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20 years exp.
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25 years exp.

Experience wise State Bank of India Regional Manager salaries in Mumbai

Last Updated: 12 Jun 2024

Experience Avg Annual Salary
15+ years  (5 salaries)

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₹30 L/yr - ₹50 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(86 salaries)
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₹7.08 L/yr - ₹28 L/yr
Branch Manager Salary
(27 salaries)
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₹12 L/yr - ₹28 L/yr
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₹3.5 L/yr - ₹12.81 L/yr
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₹42 L/yr - ₹97 L/yr

Salary related reviews for State Bank of India

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 11 Sep 2023

2.0
 for  Salary and Benefits

Likes

Job security, Medical facilities and good brand value.

  • Skill development - Good
    +1 more

Dislikes

...hortage, whereas Admin offices are having excess staff. Balance has to be made. Salary & perks are just peanuts in comparison to private sector banks and pressures are huge. Performance is being monitored every hour.

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  • Salary - Poor
    +4 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Jan 2025

1.0
 for  Salary and Benefits

Likes

Fixed salary

  • Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

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  • Salary - Bad
    +5 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 15 Nov 2024

4.0
 for  Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

  • Salary - Good
    +1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

read more
  • Skill development - Bad
    +3 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Sep 2024

4.0
 for  Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

read more
  • Salary - Good
    +2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

read more
  • Company culture - Poor
    +1 more

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

  • Job security - Excellent

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

read more
  • Work satisfaction - Bad
    +2 more
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State Bank of India Regional Manager Salary FAQs

What is the salary of Regional Manager at State Bank of India Mumbai?
Regional Manager salary at State Bank of India in Mumbai ranges between ₹30.0 Lakhs to ₹50.0 Lakhs for experience between 20 years to 26 years. According to our estimates it is 160% more than the average Regional Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India Mumbai.
How does the salary of a Regional Manager at State Bank of India Mumbai compare with the average salary range for this job?
The average salary of a Regional Manager at State Bank of India is 160% more than the average salary of a Regional Manager in Mumbai. To know exact salary insights, login to view.
What is the salary of a Regional Manager in companies similar to State Bank of India in Mumbai?
  • Standard Chartered Regional Manager Salary - ₹15.0 Lakhs to ₹25.0 Lakhs per year
  • IDFC FIRST Bank Regional Manager Salary - ₹13.0 Lakhs to ₹30.0 Lakhs per year
  • Yes Bank Regional Manager Salary - ₹14.3 Lakhs to ₹24.0 Lakhs per year
  • Kotak Mahindra Bank Regional Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
  • ICICI Bank Regional Manager Salary - ₹6.0 Lakhs to ₹25.3 Lakhs per year
What is the estimated take home salary of a Regional Manager at State Bank of India in Mumbai?
The estimated take-home salary of a Regional Manager at State Bank of India ranges between ₹2,46,677 per month to ₹2,56,693 per month in Mumbai. The take-home salary calculation is based on the average State Bank of India Regional Manager salary in India which ranges between ₹30.0 Lakhs to ₹50.0 Lakhs per year for employees with experience between 20 years to 26 years. Check how did we calculate take home salary?
What is the notice period for Regional Manager at State Bank of India in Mumbai?
According to AmbitionBox, 50% of the State Bank of India Regional Managers in Mumbai reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Regional Manager salary in Mumbai ranges between ₹30 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.